20 percent of U.S. banks now have access to AvidPay Network of 500,000+ Suppliers
AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, announced today that it has agreed to acquire BankTEL Systems, a provider of accounting solutions to more than 20 percent of banks across the U.S. Through this acquisition, AvidXchange becomes the dominant provider of invoice-to-payment solutions for midmarket customers in the banking and financial services sector.
What does this mean for BankTEL customers?
What does this mean for AvidXchange customers?
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